Category : Search result: regulatory sanctions


First Woman Appointed as NUPRC CEO, WIME Lauds Tinubu

Women in Maritime & Energy (WIME) commends President Tinubu for appointing Mrs. Oritsemeyiwa Eyesan as the first female Chief Executive of Nigeria's upstream oil regulator. Read more on this milestone for gender inclusion.

US Pursues Third Oil Tanker in Caribbean Near Venezuela

The US Coast Guard is actively pursuing another sanctioned oil tanker near Venezuela, intensifying pressure on Caracas's oil sector. This follows the recent seizure of the 'Centuries' tanker. Get the latest details.

Russian court fines Austrian bank Raiffeisen $400m

A Russian court has ordered Austria's Raiffeisen Bank to pay nearly $400 million in compensation to a company linked to sanctioned oligarch Oleg Deripaska. The bank says it will appeal.

Tinubu Nominates Oritsemeyiwa Eyesan as NUPRC CEO

President Bola Tinubu nominates Oritsemeyiwa Eyesan, an NNPC veteran with 33 years of experience, as the new Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC). Discover her career journey and strategic impact on Nigeria's oi

FIFA fines Malaysia $452k for forged player documents

FIFA slaps Malaysia with heavy fines and match forfeits for using ineligible players. This crackdown unfolds as Nigeria challenges DR Congo's player eligibility in World Cup playoffs. Read the full details.

Trump Announces Naval Blockade Against Venezuela

US President Donald Trump announces a maritime blockade on Venezuela, demanding the return of oil and land he claims were stolen. Get the full details on this escalating crisis.

CSOs Defend NMDPRA Against Dangote's Allegations

A coalition of Civil Society Organisations has defended the NMDPRA against claims of undermining regulatory independence. They absolve CEO Farouk Ahmed of corruption, citing his adherence to the PIA. Read the full story.

PDP Moves to Sack Rivers Lawmakers Over Defection

The Peoples Democratic Party (PDP) vows to use constitutional means to remove 17 Rivers State lawmakers, including Speaker Martin Amaewhule, who defected to the APC. Read the full details and political implications.

3-Hour Power Outage in Anambra This Sunday

FirstPower announces a planned 3-hour power outage in parts of Anambra on Sunday, Dec 7, for a critical transformer upgrade. Details on affected areas and the reason behind the service disruption.

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